Anworth Declares Preferred Dividends

REIT also pays a quarterly dividend on its regular shares.

By Rich Duprey – Oct 3, 2013 at 10:27PM EST

Externally managed real estate investment trust Anworth Mortgage Asset (NYSE: ANH) announced fourth quarter dividends on two series of preferred stock.

On its 8.625% Series A cumulative preferred stock, Anworth would pay a dividend of $0.539063 per share, payable on January 15 to shareholders of record as of the close of business on December 31.

On its 6.25% Series B cumulative convertible preferred stock, Anworth would pay a dividend of $0.390625 per share, payable on January 15 to shareholders of record as of the close of business on December 31.

Anworth also pays a dividend on its common shares. The regular dividend payment equates to a $0.48-per-share annual dividend, yielding 10.4% based on the closing price today of Anworth Mortgage Asset's stock.

ANH Dividend data by YCharts

Rich has been a Fool since 1998 and writing for the site since 2004. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. His coverage reflects his passion for motorcycles, booze, and guns (though not enjoyed all at the same time...usually), but his writing also covers the broader sectors of consumer goods, technology, and industrials. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Have a story idea? Contact Rich here. I may not be able to respond to every suggestion, but I do read them all! Does an article needs a correction? Reach Rich here.

TMFCop

Anworth Declares Preferred Dividends

Read Next

About the Author

Stocks Mentioned

Premium Investing Services